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SPORTKING INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of SPORTKING INDIA is 14.16.

Share Price ₹104.2Dec 03,2024
Market Cap ₹1,323.9 Cr
Earnings-TTM₹93.5 CrTTM-Standalone Results
Price/Earnings14.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SPORTKING INDIA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of SPORTKING INDIA is calculated as :

Current Market Cap [ ₹1,323.9 Cr] as on Dec 03,2024

(/) Earnings [ ₹93.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 14.16x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for SPORTKING INDIA , the investors are currently willing to pay 14.16 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of SPORTKING INDIA !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of SPORTKING INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of SPORTKING INDIA


PE Ratio Performance Analysis for SPORTKING INDIA

- SPORTKING INDIA 's latest p/e ratio is 14.16x.

- SPORTKING INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.30x.

- SPORTKING INDIA 's operated at median p/e ratio of 3.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SPORTKING INDIA 's p/e ratio peaked in Mar2024 at 14.3x.

- SPORTKING INDIA 's p/e ratio hit its five-year low in Mar2021 of 0.88x.


How does SPORTKING INDIA 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SPORTKING INDIA 93.5114.161,323.9
PAGE INDUSTRIES LTD621.0482.8451,445.4
KPR MILL LTD808.9842.2134,147.2
VEDANT FASHIONS LTD402.9083.7133,724.8
SWAN ENERGY LTD610.3832.4219,790.1
WELSPUN LIVING LTD697.5922.0115,351.2
ALOK INDUSTRIES LTD-913.83-11.9410,908.6
VARDHMAN TEXTILES LTD751.8419.6414,763.8
ARVIND LTD305.0933.2110,132.9
GARWARE TECHNICAL FIBRES LTD225.4642.849,658.4
JINDAL WORLDWIDE LTD84.6091.907,775.2

Textile Industry Benchmark (Top 10) PE Analysis vs SPORTKING INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -11.94x
Max industry PE 91.90x
Median industry PE 33.21x
Average industry PE 41.18x



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